Micron Electronics said Friday it is exiting the PC business and merging with Web hosting company Interland in a $130 million stock deal that will transform the company into a hosting company. Micron ...
HP (NYSE:HPQ) on Wednesday delivered mixed quarterly results, with its personal computer (PC) business returning to revenue growth but overall sales and profit declining Y/Y. Shares of HP (HPQ) spiked ...
According to a press release today, Hewlett-Packard is discontinuing webOS and is looking for a “a full or partial separation of [consumer electronics division] from HP through a spin-off or other ...
IBM, which gave legitimacy to the personal computer business in the 1980s, is said to be negotiating the sale of its PC unit in a move that could reshape the industry. The company is negotiating with ...
Following an unprecedented boom during the pandemic as consumers and businesses snapped up PCs, the bottom fell out of the PC market last year. Global PC unit shipments plunged 16.2% in 2022, ...
The PC market is finally starting to stabilize after a brutal post-pandemic correction. Global PC shipments were down 13.4% year over year in the second quarter, according to IDC, a vast improvement ...
The big picture: The PC market is adjusting to the post-pandemic world, compelling companies to grapple with the fact that customers no longer need to update their machines as frequently as they have ...
Weak PC demand and inventory corrections throughout the PC supply chain led AMD's PC chip sales to be cut in half in the fourth quarter. On top of those headwinds, Intel is likely winning market share ...
Industry analysts gave their blessing to Lenovo’s deal for IBM’s PC business, finalized this week, indicating that the Chinese company will gain access to the U.S. market while IBM trades a low-profit ...